Suppose That the Exchange Rate Between the Dollar and Peso

question 88

Multiple Choice

Suppose that the exchange rate between the dollar and peso is that $1 equals 10 pesos. If a firm in Mexico purchases $10,000 worth of U.S. cellphones, how many pesos must the firm exchange for?

• A)100 pesos.
• B)1,000 pesos.
• C)10,000 pesos.
• D)100,000 pesos.
• E)1,000,000 pesos.

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Definitions:

Grignard Reagents

Reactive compounds consisting of magnesium bonded to an organic group, used in the formation of carbon-carbon bonds.

Infrared Spectrum

A representation of the infrared light absorption or emission of a substance, providing information about molecular vibrations and compound identity.

Carboxylic Acid

An organic compound containing a carboxyl group, characterized by the presence of at least one carbon atom double-bonded to an oxygen atom and also bonded to a hydroxyl group.

O-H Stretch

A specific stretching vibration in infrared spectroscopy that denotes the presence of an OH (hydroxyl) group in a molecule.